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HomeMy WebLinkAboutA007 - Email from Finance Director dated August 17, 2021 Voss, Diane From: Pitcher, Duane Sent: Tuesday,August 17, 2021 3:27 PM To: Voss, Diane Subject: FW: Public Hearing for GO Bonds for Reinvestment District URA Attachments: Urban Renewal Area CAF.pdf; Funding Memo to Council 7.27.2021.pdf Diane, I spoke to John Danos. We can set the date of hearing for the bonds at the 8/24 meeting. The agenda item and action need to occur after the approval of the URA and plan. Let me know how Steve wants to proceed, I need to let Dorsey know soon so they can prepare the proceedings. I'll use a not to exceed amount of$31.2M as included in the plan. Dorsey will pull project language from the urban renewal plan. I'm out Thursday and Friday, so we will need to take care of Wed. Thanks, Duane Duane Pitcher, CPA, CPFO Director of Finance City of Ames 515 Clark Avenue P.O. Box 811 Ames, Iowa 50010 Phone (515) 239-5114 From: Pitcher, Duane Sent:Tuesday, August 17, 2021 1:36 PM To: Robert E.Josten - Dorsey&Whitney LLP (josten.robert@dorsey.com)<josten.robert@dorsey.com>; Danos.John@dorsey.com Cc:Voss, Diane <Diane Noss @cityofames.org> Subject: Public Hearing for GO Bonds for Reinvestment District URA Bob and John, Our City Manager has notified the City Clerk that he is contemplating setting a public hearing for a GO bond issue to fund an aquatic center as part of the Reinvestment District URA.Attached is the information that has gone to council so fa r. The public hearing for the URA and consideration of adoption will go to council on 8/24. Are we able to set the hearing date for the GO bond issue at the same meeting? We would be setting the hearing date for the next meeting on 9/14. 1 What information in addition to the amount of the bond issue to be included in the hearing will you need to prepare the documents? Thanks, Duane Duane Pitcher, CPA, CPFO Director of Finance City of Ames 515 Clark Avenue P.O. Box 811 Ames, Iowa 50010 Phone (515) 239-5114 2 Voss, Diane From: Pitcher, Duane Sent: Tuesday, August 17, 2021 1:36 PM To: Robert E.Josten - Dorsey&Whitney LLP Oosten.robert@dorsey.com); Danos.John@dorsey.com Cc: Voss, Diane Subject: Public Hearing for GO Bonds for Reinvestment District URA Attachments: Urban Renewal Area CAF.pdf; Funding Memo to Council 7.27.2021.pdf Bob and John, Our City Manager has notified the City Clerk that he is contemplating setting a public hearing for a GO bond issue to fund an aquatic center as part of the Reinvestment District URA.Attached is the information that has gone to council so far. The public hearing for the URA and consideration of adoption will go to council on 8/24. Are we able to set the hearing date for the GO bond issue at the same meeting? We would be setting the hearing date for the next meeting on 9/14. What information in addition to the amount of the bond issue to be included in the hearing will you need to prepare the documents? Thanks, Duane Duane Pitcher, CPA, CPFO Director of Finance City of Ames 515 Clark Avenue P.O. Box 811 Ames, Iowa 50010 Phone (515) 239-5114 1